The Intelligent Investor Top 10:
As a new addition to the Intelligent Investor Blog, I am adding a top ten stock holdings list. Updates and news on the top ten companies to own for the longer-term will be regularly and continually updated. As a measure of personal conviction, and for full-disclosure, I will personally have a position in each and every company on the list.
The list will be for growth and income oriented investors who wish to generate above-average total returns through both capital appreciation and rising dividends. Questions and comments on the businesses, or the list as a whole, are both invited and appreciated as it forces investors, including myself, to defend and reinforce their ownership. As an intelligent investor, if you cannot present a rational and prudent reason for owning a business, SELL IT!
Some positions in the list are for there for defensive reasons, while others are for growth. It is always important to possess a little bit of both. No matter how right we think we are, it is important to remember that even the Intelligent Investors can never be right 100 percent of the time.
THE INTELLIGENT INVESTOR PORTFOLIO:
- I SHARES SHORT-TERM BOND ETF XSB
- RIOCAN REAL ESTATE REI.UN
- I SHARES S&P 500 ETF - CDN CURRENCY XSP
- SUNCOR ENERGY SU
- SHOPPERS DRUG MART SC
- BANK OF MONTREAL BMO
- GENERAL ELECTRIC GE
- IMPERIAL OIL IMO
- TMX GROUP X
- JOHNSON AND JOHNSON JNJ
Other personal positions will be added to the list when, and if, they replace one of the Top 10 holdings.
Happy Investing : )
